One of the quickest, most effective way of making money online today is via Bitcoin Trading. Normally, someone who’s only now starting to get into cryptocurrencies won’t be able to perform like a professional trader and earn bucks. However, there are alternatives to the ones who want to start investing and trading with Bitcoin today, called bitcoins robots.
Bitcoin Robots are commonly known for receiving signal trends and performing open and closing trade positions automatically for their users. Today we will talk about one of the most popular ones, Bitcoin trader.
What is Bitcoin Trader?
Bitcoin trader is software that makes life easier for all those who wish to make profit through Bitcoin trading. It is not the only software that exists, actually there are many others like Bitcoin Revolution. Bitcoin Trader has consolidated itself amongst crypto enthusiasts and is one of the most reliable piece of software available today.
A great advantage that Bitcoin Trader has is that it performs the same job that a person would do, with the difference that while an analyst may take more than one day to analyze the market, Bitcoin Trader would do it nearly instantly to establish a reliable analysis by taking the signal pattern emitted from the market trends.
However good Bitcoin Trader may be, there are obvious risks that need to be analysed. One of them is that being a market that is constantly changing with a lot of volatility, the trading robot may perform the whole task correctly and up to a good standard, but the market may change unexpectedly and there may be losses incurred. That is not something that happens so frequently, as there are also ways to reduce the risks.
Is Bitcoin Trader a scam or is it reliable?
The main doubt that brought you to this article is whether Bitcoin Trader is a reliable platform, or just one more a scam, like many others in the world of cryptocurrency trading.
The answer is that there hasn’t been any proven facts against the legitimacy of Bitcoin Trader. However, throughout this article we will be showing you all the reasons why we recommend it, so that you can take your own conclusions and determine if it is convenient or not to invest in this Bitcoin trading robot.
Please note that it’s important to seek out information about every new platform you want to try for the first time, but a lot of people have lost money to cryptocurrencies due to the high volatility involved. You may find that there are some not very positive comments about this software, however, that does not mean that it is really a scam. A lot of people lose money to investments on a daily basis, and many users who are not very knowledgeable about the world of trading happen to make mistakes, and lose all their money, and then blaming someone else for their reckless actions.
In this article we will not only tell you all the reasons why Bitcoin Trader is a reliable software, but also we will give you some tips so that you do not make the most common mistakes that some users make.
Our first impressions after trying the Bitcoin Trader software:
It has a very high probability of success in its transactions, which is quite impressive, but there are risks if it is not handled in the most appropriate way. Earnings can range from $300 to more than $1000 in a week, but we recommend starting with a moderate investment of $250 USD, which is the minimum deposit required for the brokers that are listed on the Bitcoin Trader platform.
Understanding how Bitcoin Trader works is quite simple, but at the same time it may seem a bit unbelievable. The software does everything for you, from making the analysis of the different markets as well as comparisons and determining opportunities, even making the investments themselves.
Everything is a matter of the user dedicating a little time to configure the account in Bitcoin Trade, once he has created it. After creating theaccount, which is very brief and simple, you must set goals so that the app knows how to act and how to do the tasks to make you earn money. However, that is practically the only moment in which you will invest some time, because after that, the app will do everything for you. Then, you should only move your fingers when you want to withdraw your money.
If what we have told you so far make you to want to open an account in Bitcoin Trader, then we show you how to do it step by step below.
How to create a Bitcoin Trader account
Step 1: Registration
The first step you must take is also the simplest one. First, you need to register an account with Bitcoin Trader which can be done by accessing the website. There you will see a form where you must place your name and e-mail. After doing so, click “next” and you will see a form where you must set a password that does not exceed 6 characters, and Finally, after clicking “next” for the second and last time in this phase, you will see a third form to provide your telephone number and country information. Once you have done that last, click on “register now”, and voila, you are now one step closer to trading Bitcoin with Bitcoin Trader.
Step 2: Demo trading
This step is optional, but we always recommend it before doing live trading. It is about making operations in demo mode, with which you can perform all the operations that Bitcoin Trader allows, but with fictitious money. That way you can familiarize yourself with all the functions, gain experience, and when you feel ready and confident you can use your real money to start trading live.
Step 3: Deposit
Naturally, before you can use your account, you must make a deposit. The minimum amount is $ 250, which is an acceptable amount to start. The deposit can be made through different ways such as Credit or Debit card, Payoneer, Neteller or Skrill. The most recommended is by credit card. It is also important to clarify that the data provided will be completely confidential.
Step 4: Live Trading
Finally, the moment everyone was waiting for, to be able to trade in Bitcoin Trader and see if it is true that you can make more than $ 1000 in a week. Well, at this point, remember that the software will actually do the trading. You just have to set some things up so he can do all the work for you.
The things you must configure range from the earnings you expect to get daily, to what amounts to invest for each type of investment opportunity, and even determine which pairs you want to trade, such as if you want Bitcoin for $, or Bitcoin for Euros.
We must insist that before you reach this step, try first with the demo trading, so that you acquire experience and once you perform live trading you can have greater chances of success.
Key features of Bitcoin Trader
Earnings: Not all users will reach the figure of $ 1300 per week, as the most expert users usually do. It may take some time for the most novice ones, however, it is really possible. The most important thing is to learn more and more until you are sure and make large investments that can generate large profits.
Quick and easy: Learning how to use this platform is something you can learn very quickly, in just a few days, and become a real expert very quickly. However, it is not the only easy and quick thing in this platform, since depositing your money as well as withdrawing it is also something very easy to do, unlike other robots where these processes can last up to more than a day.
Great security with little effort: it has a verification process that is quite reliable and provides security to users, however, it is a very short process that unlike other platforms, is not at all annoying and you can fulfill it by providing your credit card information
Low commissions: do not charge extra commissions, only those already established. You can register for free and operate almost in the same way in almost all its functions.
It works trough brokers: this is a marvel, it must be said. The brokers will do all the work for you in an automated way. You only have to make the configuration correctly, according to your interests, and the platform will do all the rest of the work.
Let’s compare Bitcoin Trader with the rest of the trading robots:
Advantages of Bitcoin Trader
Very easy to use: it is ideal for both, experts and those who are just beginning in the interesting world of Bitcoin trading and cryptocurrencies in general.
Greater speed: Not only you can deposit, earn and withdraw money very fast, but you save the human process of performing the analysis. What a person can take more than a day, this robot can do it in just hours.
Good customer service: they have a very attentive system that can help you solve any problem or any doubt you may have.
Demo mode: this is wonderful because it allows you to learn how to use the platform and trade without spending a single penny of your money, through test transactions with fictitious money.
Can you really make money with Bitcoin Trading?
Of course! Trading with Bitcoin is all about knowing when to get in a position, when to shorten it, and when to get out. The best way to trade with Bitcoin is obviously by understanding how the graphs work, and analysing the tendencies of the market.
Bitcoin Trading has made a lot of people into self-made millionaires over night. To be completely fair, most people don’t even know what they are doing most of the time, and just enjoy the ride whilst surfing on the crypto wave. To get good results, you need good and powerful tools to help, and a little luck as well.
Some tips and advice to reduce the risk of loss:
Deposit the minimum at the beginning: do not go flat; invest only 250 $ at the beginning until you feel more confident to invest higher amounts.
Learn from the experts: you can ask for help to the customer service, but we also advise you to continue researching and reading tips and strategies for Bitcoin Trading.
Withdraw your earnings: Every time you reach an interesting amount, withdraw your money. Do not make the mistake of losing everything because of greed.
Has Bitcoin Trader been on TV?
During the past years, the cryptocurrencies have been making their way as one of the biggest and best investment options in the future. They have even been featured in a few TV shows. Bitcoin Trader, however, has been said to be featured on TV before but this has never been confirmed. Some of these are the following:
Bitcoin Trader has been said to be endorsed by the Dragons in the TV show Dragon’s den. This was later confirmed by some of them to be a hoax, and confirmed to be false. Bitcoin Trader has never been featured on Dragon’s Den.
Shark Tank is a TV show similar to the UK Dragon’s Den. It’s actually the U.S version of the show. Bitcoin Trader has never been featured or in an episode of the series. If you search for it on social media you will see that no results show up.
Is Bitcoin Trader endorsed by Celebrities?
Just like most of the trading algorithm and software are said to be endorsed or backed by giant capitalists or corporate typhoons, Bitcoin Trader is no exception to that. This trading software has been said to be endorsed by many successful businessmen and even some celebrities. The rumours are usually found and spread around social media and on the internet. We will demystify a few below:
The Irish Entrepreneur, Sir Peter Jones has been said to be associated with many other bitcoin and trading robots. He’s clarified that in a tweet earlier in 2018 that he has nothing to do with any of these, and that his image was being used without his consent.
Elon Musk has openly admitted that he’s a huge fan of Bitcoin and cryptocurrencies. Some even dare say that he is the creator “Satoshi Nakamoto” himself. He obviously denies, and says he doesn’t have any involvement whatsoever. He also doesn’t seem to be associated with Bitcoin Trader or any other trading company.
This is one of the latest claims to involve Bitcoin Trader and a celebrity. Gordon Ramsey, the great chef and star of kitchen’s nightmare and is falsely being used in an attempt to bring more users towards scam platforms. It’s important to always research any relation with a celebrity and a company before investing on it.
Final Thoughts on Bitcoin Trader
Is it worth it trading with Bitcoin? Definitely. Bitcoin Trader is a reliable robot for trading with Bitcoin and cryptocurrencies. If you take all the information you have read on this article today and put it to practice, I’m sure that you will have the same outcome as we did. Just remember a few key points like not investing what you can’t afford to lose, and always start low. Cryptocurrencies are highly volatile and pose a great risk, but great risks come with great rewards.
No, you can’t. You won’t really acquire the Bitcoin, but it will be used to trade as a CFD, which is a representation of the Bitcoin available in the market by the broker of your choice.
Yes, you need to use one of the brokers displayed on the platform. The reason for that, is because the tool is connected via API to the broker in question, and it’s being used on the platform the broker has made available for the software.
Bitcoin is a highly volatile asset. It has made a lot of people into millionaires over night. If you are looking for a high return sort of investment, you should definitely invest in Bitcoin.
- 1 Bitcoin Trader: Review
- 2 What is Bitcoin Trader?
- 3 Is Bitcoin Trader a scam or is it reliable?
- 4 How to create a Bitcoin Trader account
- 5 Key features of Bitcoin Trader
- 6 Advantages of Bitcoin Trader
- 7 Can you really make money with Bitcoin Trading?
- 8 Has Bitcoin Trader been on TV?
- 9 Is Bitcoin Trader endorsed by Celebrities?
- 10 Final Thoughts on Bitcoin Trader
- 11 FAQs